Chesapeake Energy, Southwestern Energy Sign Merger Agreement

Jan. 11, 2024 6:24 am ET

Chesapeake Energy and Southwestern Energy have agreed to merge in an all stock-transaction valued at $7.4 billion that’s aimed toward making a premier pure gasoline firm.

The firms on Thursday stated the worth is predicated on Chesapeake’s closing value as of Wednesday.

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Source: wsj.com